ED freezes 100 bank accounts, seizes Rs 30 lakh in online gaming fraud case
New Delhi, Aug. 21 -- The Enforcement Directorate (ED) has seized cash amounting to Rs 30.30 lakh and frozen more than 100 bank accounts in connection with an ongoing alleged money-laundering investigation relating to an online gaming and betting fraud involving manipulated gaming platforms.
The action was taken during searches conducted on August 18 at 12 premises in Nagpur, Gondia and Ahmedabad under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA), covering the premises linked to the alleged accused and his associates.
Mutual funds and shares having an aggregate value and balance of approximately Rs 5 crore, along with two bank lockers, were also frozen, and three luxury vehicles valued at around Rs 1.70 crore we...
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